Port forwarding or port mapping is a name given to the combined technique of translating the address and/or port number of a packet to a new destination, possibly accepting such packet(s) in a packet filter (firewall), or forwarding the packet according to the routing table.
If you have a local webserver such as apache or iis you may need port forwarding settings on your network equipments such as router to make your server accessible from the Internet by knowing your network external IP or using any dynamic dns services such as dyndns.org. The following website, is regarded as an ultimate resource showing you how to apply port forwarding settings on your router. It is classified database for most routers available world wide:
http://portforward.com/english/routers/port_forwarding/routerindex.htm